North Mountain Office Space

North Mountain

Office Space Market Report

Number of Listings (last 90 days)
221
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
950
As of: July 23, 2017

North Mountain Rates

The typical asking rate per listing is in the $10's per square foot per year. The North Mountain submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decline in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the North Mountain region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

North Mountain Listing Supply

In the last 90 days, 221 listings have been listed, so you'll want to check back regularly for new listings. About 54% of the listings in the North Mountain are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 950 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1983 and are Class B.

North Mountain Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst North Mountain folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in North Mountain.
Market Report

Market Data

Real time and historical data on commercial real estate listings in North Mountain.
Research